No. We offer you your new home at the lowest list price. Because of our purchasing power and expertise we negotiate the lowest prices for you.
Not usually but where necessary a lawyer can do the paperwork for you.
If you canâ€™t be present to sign the promissory contract, the â€œescrituraâ€�, you can grant your lawyer power of attorney.
There are choices:
Yes â€“ make a will covering your Portuguese assets.
Subject to the submission of appropriate documentation to the tax authorities, there will be no inheritance tax due between husband and wife or parents and children. Inheritance tax is known as Stamp Tax in Portugal.
Usually between 30% and 50%.
5,000 euroâ€™s will usually reserve a property at an agreed price until contracts are drawn up. Credit cards are best for this. Cheques are not acceptable as it can take over a month for a personal cheque to clear.
Yes. However, you will be required to provide proof of financial status, earnings or ability to repay the loan. A company buying the property will have to submit full accounts showing its ability to service the loan.
Mortgages are usually to 75% of valuation.Stage Payments.
Applicable to â€˜off planâ€™ properties. These will be described in the contract you sign usually 4 weeks after paying the reservation fee.
Existing resale properties will require the total price to be paid usually within 30 days of signing the contracts.
Not necessary unless they are experienced in Portuguese law. We will recommend a Portuguese lawyer or help you find one of your own.
Your lawyer will help you open a Portuguese bank account from which all bills can be paid.
Portuguese law requires that if you live in the country for more than 183 days a year you should have official residency. This entitles you to an official tax number (your lawyer can apply for this) and non residents also need this if they have any connection with the Portuguese tax system by virtue of owning a property, buying a car, opening a bank account, etc.
It is lower than in the UK or Ireland. Excluding mortgage payments Â£200 a week will provide a high standard of living for a couple.
Yes, your pension can be paid directly into your Portuguese bank account.
Yes if you want to integrate or find work in the country.
Yes â€“ the Single European Act 1993 gives you the same rights as Portuguese citizens.
Yes â€“ You need a health certificate from the vet for your pets 15 days before departure including a certificate of vaccination against rabies. Also, a certificate declaring that the animals have been kept in an area free from animal diseases. These certificates must be stamped and legalised by the Portuguese embassy or consulate. The pets must be micro-chipped.
They drive on the right.
You can use your UK or Irish car in Portugal if you are spending less than 183 days a year in the country.
Portuguese residents cannot drive a car on foreign plates.
Right hand drive vehicles can be re registered in Portugal.
Healthcare is very efficient and available to all EU citizens. Remember to get your E1-11 or E128 forms or the Irish equivalents.
Private healthcare is also available.
The electricity supply is 220 volts AC, frequency 50 Hz. Adaptors can be used but it is cheaper and easier to buy new appliances.
Yes- There is a well developed property rental sector. We can introduce you to reputable agents and property managers.
An average for Utilities and Taxes would be sterling Â£1,500.
You can take your existing furniture with you or you can buy new in Portugal. There are many quality furniture stores with reasonably prices and we can organise furniture packs for you. We also have an interior design and fit service available at no extra charge.